Former Philips Unit Heartstream Leases 36,000 SQFT on Bothell’s North Creek Parkway as District Vacancy Sits at 24.8%

Former Philips Unit Heartstream Leases 36,000 SQFT on Bothell’s North Creek Parkway as District Vacancy Sits at 24.8%

Heartstream, the Bothell-based defibrillator and patient-monitoring maker that Emergency Care Holdings carved out of Royal Philips in January, signed a 36,000-square-foot new lease at 19900 North Creek Parkway in the third quarter, the only suburban deal among the quarter's key Puget Sound leases tracked by CBRE, in a Bothell district where roughly one in four square feet sits empty.